Nigeria - 2021 - Finance

Regulatory Guidelines on the eNaira

Ministry of Finance, Budget and National Planning, Central Bank of Nigeria, Nigeria

The eNaira is the digital form of the Fiat currency (Naira), issued by the Central Bank of Nigeria in line with section 19 of the CBN Act. The guidelines seek to provide simplicity in the operation of the eNaira, encourage general acceptability and use, promote the low cost of transactions, drive financial inclusion while minimizing inherent risks of disintermediation or any negative impact on the financial system.

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Regulatory Guidelines on the eNaira Current Version

January 2022

The eNaira is the digital form of the Fiat currency (Naira), issued by the Central Bank of Nigeria in line with section 19 of the CBN Act. The guidelines seek to provide simplicity in the operation of the eNaira, encourage general acceptability and use, promote the low cost of transactions, drive financial inclusion while minimizing inherent risks of disintermediation or any negative impact on the financial system.

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